The Market for "Lemons": Quality Uncertainty and the Market Mechanism
George A. Akerlof
The Quarterly Journal of Economics8/1/1970·DOI·Read paper
Abstract
I. Introduction, 488.-II. The model with automobiles as an example, 489.-III. Examples and applications, 492.-IV. Counteracting institutions, 499.-V. Conclusion, 500.
Make this part of your paper trail
Save this paper to a shelf, write a review, and keep your own notes.